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Rovio Entertainment Oyj

ROVIO.HE

Latest Trade

4.09EUR

Change

-0.02(-0.49%)

Volume

95,384

Today's Range

4.06

 - 

4.18

52 Week Range

3.75

 - 

7.59

As of on the Helsinki Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Rovio Completes Employee Co-Operation Negotiations In Brand Licensing Unit

Nov 29 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::ROVIO ENTERTAINMENT COMPLETES EMPLOYEE CO-OPERATION NEGOTIATIONS IN ITS BRAND LICENSING UNIT.ROVIO ENTERTAINMENT COMPLETES EMPLOYEE CO-OPERATION NEGOTIATIONS IN ITS BRAND LICENSING UNIT.RESTRUCTURING PLANS CONCERNED 32 PEOPLE IN BRAND LICENSING UNIT.AT BEGINNING OF NEGOTIATIONS ON OCTOBER 14, 2019 IT WAS ESTIMATED THAT PLANNED MEASURES COULD LEAD TO A MAXIMUM REDUNDANCY OF 20 ROLES GLOBALLY..AS AN OUTCOME OF NEGOTIATIONS, FINAL NUMBER OF REDUNDANCIES IS 16 POSITIONS GLOBALLY..

Odey Asset Management LLP's Holding In Rovio Reaches 5.21%

Nov 18 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT.HOLDING OF ODEY ASSET MANAGEMENT LLP IN COMPANY'S SHARES AND VOTES HAS RISEN ABOVE 5% ON NOVEMBER 14, 2019.ODEY ASSET MANAGEMENT LLP HOLDS 4,234,500 COMPANY'S SHARES, CORRESPONDING TO 5.21% OF SHARES AND VOTING RIGHTS.

Rovio Entertainment Starts Repurchasing Own Shares

Nov 13 (Reuters) - Rovio Entertainment <ROVIO.HE>::SAID ON TUESDAY ROVIO ENTERTAINMENT CORPORATION STARTS REPURCHASING OWN SHARES.SHARE REPURCHASE SHALL START ON 13 NOVEMBER 2019 AT THE EARLIEST AND END BY THE LATEST ON 27 MARCH 2020.MAXIMUM NUMBER OF SHARES TO BE ACQUIRED IS 3,000,000 CORRESPONDING TO 3.7% OF THE TOTAL NUMBER OF SHARES, AND THE MAXIMUM CAPITAL TO BE USED FOR THE REPURCHASE IS EUR 18.0 MILLION.SHARES SHALL BE ACQUIRED IN PUBLIC TRADING ON NASDAQ HELSINKI LTD. AT THE MARKET PRICE PREVAILING AT THE TIME OF PURCHASE.

Rovio In Discussions With Several Parties For Hatch Funding Round -CEO

HELSINKI, Nov 4 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::Rovio Ceo Says Hatch Unit Funding Round Still Aimed For 2019.Rovio In Discussions With Several Parties For Hatch Funding Round -Ceo.

Rovio Plans To Lay Off Up To 20 Employees Globally

Oct 7 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::ROVIO ENTERTAINMENT CORPORATION SEEKS EFFICIENCIES IN BRAND LICENSING BUSINESS AND IS PLANNING RESTRUCTURING ITS BRAND LICENSING UNIT.ROVIO ENTERTAINMENT CORPORATION SEEKS EFFICIENCIES IN BRAND LICENSING BUSINESS AND IS PLANNING RESTRUCTURING ITS BRAND LICENSING UNIT.IS ENTERING INTO EMPLOYEE COOPERATION NEGOTIATIONS AND IS PLANNING TO RESTRUCTURE ITS BRAND LICENSING UNIT.RESTRUCTURING PLAN CONCERNS 32 EMPLOYEES OF BRAND LICENSING UNIT GLOBALLY..BACKGROUND FOR PLANNED RESTRUCTURING IS HIGHLY COMPETITIVE CHARACTER LICENSING BUSINESS LANDSCAPE, ESPECIALLY FOR LICENSED CONSUMER PRODUCTS.ACCORDING TO PRELIMINARY ESTIMATES, PLANNED MEASURES COULD LEAD TO MAXIMUM REDUNDANCY OF 20 ROLES GLOBALLY..TO SEEK EFFICIENCIES AND IMPROVE PROFITABILITY OF BRAND LICENSING BUSINESS.ACCORDING TO PRELIMINARY ESTIMATES, PLANNED MEASURES COULD LEAD TO MAXIMUM REDUNDANCY OF 20 ROLES GLOBALLY.RESTRUCTURING PLAN CONCERNS 32 EMPLOYEES OF BRAND LICENSING UNIT GLOBALLY.PLANNED MEASURES COULD LEAD TO MAXIMUM REDUNDANCY OF 20 ROLES GLOBALLY..

Rovio Entertainment Cuts FY Guidance

Sept 12 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::REG-ROVIO ENTERTAINMENT CORP.: DUE TO INCREASING INVESTMENTS IN USER ACQUISITION AND LONG-TERM GROWTH, ROVIO LOWERS ITS 2019 OUTLOOK.IN 2019 EXPECTS GROUP REVENUES TO BE EUR 295 - 310 MILLION (PREVIOUS OUTLOOK EUR 300-330 MILLION).SEES 2019 ADJUSTED OPERATING PROFIT MARGIN TO BE BETWEEN 5-8%(PREVIOUS OUTLOOK 9-11 %).LOWERS ITS 2019 PROFIT OUTLOOK DUE TO INCREASING USER ACQUISITION INVESTMENTS FOR SECOND HALF OF 2019 AND FOCUSING ON LONG-TERM GROWTH.INCREASE IN USER ACQUISITION INVESTMENTS NATURALLY LEADS TO A LOWER PROFITABILITY FOR 2019 AND 2020 AS WE WORK TOWARDS BUILDING GROWTH AND LONG-TERM CASH FLOWS.REVENUE OUTLOOK FOR 2019 IS SLIGHTLY LOWERED DUE TO LOWER REVENUE EXPECTATIONS FROM OUR OLDER GAMES AS WELL AS FROM BRAND LICENSING.FOR 2020, WE ARE TARGETING HIGHER GROWTH ON BACK OF TOP LIVE GAMES AND BY LAUNCHING 1-3 NEW GAMES IN 2020.

Rovio Entertainment Q2 Adjusted Operating Profit Down At EUR 5.3 Mln

Aug 8 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::Q2 AMOUNT OF MONTHLY UNIQUE PAYERS (MUP) DECLINED FROM 422 TO 394 THOUSAND FOR THE TOP 5 GAMES.DECLINE IN OPERATING PROFIT WAS ATTRIBUTED TO HATCH ENTERTAINMENT'S EXPANSION TO NEW MARKETS ALONG 5G ROLL-OUTS.WE ARE HAPPY WITH HOW ANGRY BIRDS DREAM BLAST HAS DEVELOPED AND THAT IT IS NOW TRENDING TOWARDS EUR 50 MILLION FOR FULL YEAR.ROVIO’S TOP FIVE GAMES IN THE REPORTING PERIOD WERE ANGRY BIRDS 2, ANGRY BIRDS DREAM BLAST, ANGRY BIRDS MATCH, ANGRY BIRDS FRIENDS AND ANGRY BIRDS POP.GROSS BOOKINGS OF ANGRY BIRDS 2, ROVIO'S LARGEST GAME, DECLINED YEAR-ON-YEAR TO EUR 26.5 MILLION (29.7) DUE TO MUCH LOWER USER ACQUISITION INVESTMENTS IN PERIOD AS UA INVESTMENTS WERE OPTIMIZED ACROSS KEY GAMES.THE GAMES SEGMENT’S REVENUE IN APRIL-JUNE PERIOD AMOUNTED TO EUR 65.4 MILLION (65.3), WHICH CORRESPONDS TO A YEAR-ON-YEAR GROWTH OF 0.2%. IN COMPARABLE CURRENCIES, THE REVENUE DECLINED APPROXIMATELY BY 4%.LOWER LEVEL OF USER ACQUISITION IMPACTED REVENUES MAINLY FOR ANGRY BIRDS 2.Q2 USER ACQUISITION INVESTMENTS WERE EUR 21.3 MLN (22.9), OR 32.6% OF GAMES SEGMENT'S REVENUE (35.1%).GAMES REVENUE IN Q2 WAS EUR 65.4 MILLION (65.3) OR 0.2% GROWTH YEAR-ON-YEAR.OUTLOOK FOR 2019 UNCHANGED.TO ACCELERATE ITS GROWTH, HATCH ENTERTAINMENT IS SEEKING EXTERNAL FUNDING AND FURTHER STRATEGIC PARTNERSHIPS.HATCH ENTERTAINMENT SIGNED A PARTNERSHIP AGREEMENT WITH SAMSUNG IN APRIL AND ANNOUNCED PARTNERSHIPS WITH VODAFONE IN UK, SPAIN AND ITALY.

Benfica Signs Partnership With Angry Birds Owner Rovio

Aug 7 (Reuters) - Sport Lisboa e Benfica Futebol SAD <SLBEN.LS>::SAYS SIGNS PARTNERSHIP WHICH INCLUDES LICENSING AGREEMENT WITH ROVIO, OWNER OF GAME ANGRY BIRDS.

Rovio Entertainment Unit Partners With Samsung Electronics

April 5 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::ROVIO ENTERTAINMENT CORP.: HATCH AND SAMSUNG LEVEL UP TO 5G GAMING.ROVIO ENTERTAINMENT SUBSIDIARY HATCH ENTERTAINMENT HAS PARTNERED WITH SAMSUNG ELECTRONICS.FURTHER TERMS OF AGREEMENT REMAIN CONFIDENTIAL TO PARTIES..

Rovio Entertainment Invests In Play Ventures Fund

March 28 (Reuters) - Rovio Entertainment Oyj <ROVIO.HE>::ROVIO ENTERTAINMENT CORPORATION INVESTS IN PLAY VENTURES FUND.ANNOUNCES A THREE MILLION US DOLLAR INVESTMENT IN A VENTURE CAPITAL FUND MANAGED BY PLAY VENTURES.GOAL OF PLAY VENTURES IS TO INVEST IN 20-25 COMPANIES AND FUND HAS SO FAR INVESTED IN FIVE.GOAL FOR FUND SIZE IS 30 MILLION DOLLARS, WHICH HAS BEEN ACHIEVED.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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